COMMERCIAL PROPERTY EXEMPTIONS

For now, there is only one type of commercial property exemption:

 

NEW CONSTRUCTED COMMERCIAL PROPERTY EXEMPTION

Commercial properties that were constructed after 1st April 2001, are eligible for property tax exemption for the first three (3) years of operation.

 

The qualifying condition for this exemption is:

  • The property must be a newly built commercial property

 

 

NEW CONSTRUCTED COMMERCIAL PROPERTY EXEMPTION CHECKLIST

The following must be attached to the Request for Exemption:

  • Copy of Service Agreement with LUCELEC
  • Property owner(s) Tax Account No(s) or NIS No (s)
  • Telephone Contact No(s)
  • Proper Mailing address(es)
  • Verification of Property Ownership – Deed for Property or Land Register
  • Commercial Valuation

Share this post

Submit to FacebookSubmit to Twitter
Ⓒ2013 Inland Revenue Department, Government of Saint Lucia.